For AI assistants & researchers — machine-readable summary of this page
What this page is: Delvantic's full research page for News Corp. Class A Common Stock (NWSA) — AI-driven forensic equity research: mechanical valuation models (DCF, EPV, anchored-PE, scenario) plus three independent AI lenses (Quality / Value / Sentiment). Everything below is rendered server-side; you are not missing content that requires JavaScript. All scores are predictions and research opinions, not financial advice.
Page map (sections in order; each card carries a stable
reference-name attribute you can cite):
profile-header/price-overview— company profile, live quote, market capextended-analysis— the core: three AI lens reads with findings, scores, and the analyst memofuture-predictions— our forward price-band predictionsmarket-narrative/ai-findings/gpt-critique— narrative context, cross-model findings, and an adversarial critique of our own analysis (near the end of the document)- Members-only sections (render as login gates for anonymous readers):
price-history,income-trend,key-metrics,financials(statement tables),insider-trading. The analysis above is public; the raw data tables require a free account.
More for machine readers: site briefing at
/llms.txt ·
any ticker resolves at delvantic.com/stock/TICKER ·
raw inputs are public-company filings and market data (via licensed data feeds);
every model, score, lens read, and prediction on this page is Delvantic's own analysis.
News Corp. Class A Common Stock
NWSA NASDAQNews Corp. Class A Common Stock is the equity security representing one class of News Corp, a diversified media and information services company. News Corp operates businesses across digital real estate services, news and information, book publishing, and news media, serving consumers, advertisers, and business customers with content, data, and related services. The company’s portfolio includes well-known media and publishing operations that distribute authoritative journalism, market information, and books across print and digital channels. News Corp also participates in advertising, subscriptions, and licensing activities, making it a broad-based provider of media content and information products in global markets. As a Class A common stock, the asset reflects ownership in News Corp’s public equity structure and is part of the company’s capital base used to support its ongoing operations.
Price Overview
Price History (1 Year)
Revenue & Net Income Trend
| Period | Revenue | Net Income | Net Margin | YoY/QoQ |
|---|
Key Metrics TTM · through Jun 30, 2026
EPS (Diluted): 1.02
Total Equity: $9.24B
Shares: 561,533,333
Total Debt: $1.99B
Cash: $2.10B
EBITDA: N/A
Total Debt: $1.99B
Cash: $2.10B
Revenue: $9.03B
Revenue: $9.03B
Revenue: $9.03B
Total Equity: $9.24B
Tax Rate: 29.0%
Equity: $9.24B
Total Debt: $1.99B
Cash: $2.10B
Current Liabilities: $2.76B
Long-Term Debt: $1.99B
Total Debt: $1.99B
Total Equity: $9.24B
Shares: 561,533,333
Shares: 561,533,333
CapEx: -$426.00M
Shares: 561,533,333
Stock Price: $30.39
Net Income: $573.00M
Industry Benchmarks
Income Statement (Annual)
Last updated: Sep 7, 2026 11:15am (30d ago)| Metric | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|
| Revenue | $10.4B | $9.9B | $10.1B | $8.5B | $9.0B |
| Cost of Revenue | — | — | — | — | — |
| Gross Profit | — | — | — | — | — |
| Operating Expenses | $3.6B | $3.3B | $3.5B | $3.3B | $3.5B |
| Operating Income | — | — | — | — | — |
| Net Income | $623.0M | $149.0M | $266.0M | $1.2B | $573.0M |
| EBITDA | — | — | — | — | — |
| EPS | $1.06 | $0.26 | $0.47 | $2.08 | $1.03 |
| EPS (Diluted) | $1.05 | $0.26 | $0.46 | $2.07 | $1.03 |
Balance Sheet (Annual)
Last updated: Sep 7, 2026 11:15am (30d ago)| Metric | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|
| Cash & Equivalents | $1.8B | $1.8B | $2.0B | $2.4B | $2.1B |
| Total Current Assets | $4.1B | $4.1B | $4.4B | $4.8B | $4.5B |
| Total Assets | $17.2B | $16.9B | $16.7B | $15.5B | $15.5B |
| Current Liabilities | $3.5B | $3.2B | $3.1B | $2.6B | $2.8B |
| Long-Term Debt | $2.8B | $2.9B | $2.9B | $1.9B | $2.0B |
| Total Liabilities | $8.1B | $8.0B | $7.7B | $6.1B | $6.3B |
| Total Equity | $9.1B | $8.9B | $9.0B | $9.4B | $9.2B |
| Retained Earnings | -$2.3B | -$2.1B | -$1.9B | -$747.0M | -$312.0M |
Cash Flow (Annual)
Last updated: Sep 7, 2026 11:15am (30d ago)| Metric | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|
| Operating Cash Flow | $1.4B | $1.1B | $1.1B | — | — |
| Capital Expenditure | -$499.0M | -$499.0M | -$496.0M | -$407.0M | -$426.0M |
| Free Cash Flow | $855.0M | $593.0M | $602.0M | — | — |
| Acquisitions (net) | -$1.5B | -$17.0M | -$38.0M | -$96.0M | -$122.0M |
| Net Debt Issued / (Repaid) | $852.0M | -$75.0M | -$107.0M | -$142.0M | $25.0M |
| Dividends Paid | -$175.0M | -$174.0M | -$172.0M | -$185.0M | -$204.0M |
| Stock Buybacks | -$179.0M | -$243.0M | -$117.0M | -$150.0M | -$641.0M |
| Net Change in Cash | — | — | — | — | — |
Growth Trends (YoY %)
Last updated: Sep 7, 2026 11:15am (30d ago)| Metric | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|
| Revenue Growth | -4.9% | +2.1% | -16.2% | +6.8% |
| Gross Profit Growth | — | — | — | — |
| Operating Income Growth | — | — | — | — |
| Net Income Growth | -76.1% | +78.5% | +343.6% | -51.4% |
| EBITDA Growth | — | — | — | — |
Dividend History (Last 20)
Last updated: Sep 7, 2026 11:15am (30d ago)| Date | Dividend | Declaration | Record | Payment |
|---|---|---|---|---|
| 2026-09-09 | $0.10 | — | — | — |
| 2026-03-11 | $0.10 | — | — | — |
| 2025-09-10 | $0.10 | — | — | — |
| 2025-03-12 | $0.10 | — | — | — |
| 2024-09-11 | $0.10 | — | — | — |
| 2024-03-12 | $0.10 | — | — | — |
| 2023-09-12 | $0.10 | — | — | — |
| 2023-03-14 | $0.10 | — | — | — |
| 2022-09-13 | $0.10 | — | — | — |
| 2022-03-15 | $0.10 | — | — | — |
| 2021-09-14 | $0.10 | — | — | — |
| 2021-03-16 | $0.10 | — | — | — |
| 2020-09-15 | $0.10 | — | — | — |
| 2020-03-10 | $0.10 | — | — | — |
| 2019-09-10 | $0.10 | — | — | — |
| 2019-03-12 | $0.10 | — | — | — |
| 2018-09-11 | $0.10 | — | — | — |
| 2018-03-13 | $0.10 | — | — | — |
| 2017-09-12 | $0.10 | — | — | — |
| 2017-03-13 | $0.10 | — | — | — |
Deep Analysis
Risk : Reward — upside vs downside from this company's own quarters
Not computed yetNarrative Economics
market-narrative step).
Claude Reading
The raw quarterly data tells a very different story than the model outputs suggest. Trailing-twelve-month revenue of $9.03B is up 6.9% from the prior-year $8.45B, and Q2 2026 at $2.34B is the second-highest print in the eight-quarter window — the "decelerating revenue" flag in the secondary signals is contradicted by the actual sequence. The 51.4% earnings decline that the thesis evaluation leans on is a statistical artifact: the prior-year TTM of $1.18B includes a $743M one-time item in the June 2025 quarter (a 35.2% net margin in a business that otherwise runs 4-10%), while the current TTM of $573M contains no such distortion. Strip the one-time from both periods and normalized earnings are roughly flat, not halved. The 29.8x P/E therefore looks scarier than the underlying earnings trajectory warrants, and the "29x earnings on negative FCF" headline in the thesis evaluation is built on a data gap — operating cash flow is simply not reported in this file, and the $426M capex figure is being mislabeled as negative FCF. You cannot claim a cash-flow quality problem when the operating CF line is blank.
The valuation synthesis is where the models most clearly break down. A composite fair value of $9.84 on a company with $9B in revenue, a net-cash balance sheet ($2.10B cash against $1.99B debt), and a portfolio that includes CoStar's commercial real estate data platform, the Wall Street Journal's subscription base, and HarperCollins' publishing scale is not a valuation — it is a single-entity DCF terminal value applied to a conglomerate, which structurally understates the sum of the parts. Even a deliberately bearish SOTP — CoStar at 12x EBIT, Dow Jones at 8x, HarperCollins at 5x, other digital at 6x, minus net debt — lands in the $12-15B range, not $9.84B. The 208.8% "premium over DCF" that the narrative layer flags is a function of the DCF's methodology, not of market irrationality. I dissent from the synthesis verdict on magnitude: the stock is not 67% overvalued. That said, I also cannot call it cheap. At $30.39 the market is paying 1.89x revenue and 1.85x book for a business whose five-year revenue CAGR is negative (from $10.39B in 2022 to $9.03B in 2026) and whose ROE sits at 6.15%. You are paying a tech-platform multiple for a company whose blended return on equity is below the cost of equity. The 29.8x P/E is defensible only if the CoStar and digital real estate segments continue to grow and the legacy print businesses stop bleeding, and the data here does not let me verify either.
The contrarian bull case is real but narrow: CoStar's CRE datasets are genuinely defensible in an AI era where structured commercial data is a scarce input, WSJ's ~2.5M digital subscriptions are among the most durable in media, and the balance sheet is clean enough to fund buybacks or a spin-off that would unlock the conglomerate discount. The insider activity — roughly 111K shares sold across five transactions on August 17, 2026, following option exercises of 444K and 38K shares on August 15 — is directionally negative but the names are redacted, so I cannot distinguish a CEO's planned liquidation from a director's tax-driven sale. The "neutral" classification is the honest read. What I would flag as genuinely thin: no operating cash flow, no segment-level revenue or margin breakdown, no gross or operating income line in the annual data, and no forward guidance. The entire earnings-quality debate is unresolvable with this file.
The stock sits at $30.39, within 4% of its 52-week high of $31.66, which means the re-rating the narrative layer describes has already happened. The question is not whether the sum-of-parts story is real — it is — but whether the market has already paid for it. At 1.89x revenue with 6.9% growth and a 6.35% net margin, the multiple is reasonable but not generous. I would not buy here, but I would not short it either. The synthesis is directionally correct that this is not a mispriced opportunity, but its $9.84 fair value is so far from any defensible SOTP that it undermines the credibility of the entire model chain.
GPT Reading
Grok Reading
Advanced Analysis Forensic deep-dive · separate lenses
News Corp generates roughly $535M in annual free cash flow on a revenue base of about $9B, and has done so consistently since 2024 after two years of negative FCF (-$499M in both 2022 and 2023). The company is net-buying its own stock at a -1.4% diluted share CAGR, reducing shares from 593.7M to 561.5M over four years. Earnings quality is mechanically clean: accruals are essentially zero (-0.1% of assets), operating cash flow exceeds net income at 1.29x, and no Beneish or Altman red flags fire beyond a grey-zone Z-score of 2.24. The balance sheet carries roughly $2B in debt against $2.1B of liquid cash, leaving a thin net-cash cushion of only $106M. Revenue peaked at $10.09B in 2024, dropped 16% to $8.45B in 2025, and partially recovered to $9.03B in 2026, suggesting a structural softening rather than a one-time event. Net income is volatile ($149M in 2023, $1.18B in 2025, $573M in 2026), with the 2025 spike likely reflecting one-time items rather than operating leverage.
Verify before trusting this (6)
- 10-K segment detail: what drove the 2025 revenue drop from $10.09B to $8.45B - divestitures, organic decline, or accounting reclassification?
- Nature of the 2025 net income spike to $1.18B: identify one-time gains (asset sales, tax benefits) vs. recurring operating improvement
- Debt maturity schedule and interest coverage: with ~$2B in debt, what is the weighted-average maturity and is there refinancing risk?
- Customer and platform concentration: what share of digital revenue comes from top-5 clients or a single platform (e.g., Google, Meta)?
- FCF bridge: confirm the $535M FCF is not dependent on working-capital timing or one-time tax receipts
- Convertible or hybrid instrument terms that could create future dilution or cash obligations
The e2e composite fair value is $10.67 (signal-adjusted $9.84), with the DCF at $6.58 and the anchored-PE method at $18.86. The current price of $30.39 sits 185% above the composite and 61% above even the most generous single method. The DCF at $6.58 is extremely conservative and likely reflects a steep terminal-growth haircut on a declining cash flow, so I discount its weight; but even anchoring entirely on the $18.86 PE multiple, the stock is still 38% rich. The market is clearly paying for the 'hidden conglomerate' narrative (CoStar data moat, WSJ brand, HarperCollins scale) as if each subsidiary were trading at a premium multiple, yet the blended revenue base is smaller than two years ago and the sector faces secular digital-ad migration. Earnings quality is high (score 2), which removes any reason to haircut the numbers further, but it does not manufacture growth that is not there.
Verify before trusting this (4)
- CoStar segment revenue and EBITDA growth in the latest 10-Q to test whether the data moat is actually growing or flat
- WSJ digital subscription net adds and ARPU trajectory in the next earnings call
- Net debt / EBITDA and share-buyback pace to confirm the cash engine is not being consumed by leverage
- Any pending divestitures or spin-offs that would change the conglomerate-discount math
This lens hasn't been run for this ticker yet.
This lens hasn't been run for this ticker yet.